About this home
Rare Nantasket Beach Oceanfront Investment OpportunityExceptional oceanfront property in the heart of Nantasket Beach, featuring two fully occupied units with a proven short-term rental history of over $180,000 in annual Airbnb revenue. Currently generating $6,545/month in long-term rental income, with significant upside through vacation rentals, executive rentals, or a hybrid investment strategy.This premier beachfront property offers direct private beach access, an expansive oceanfront observation deck, private patios, European spa, fireplaces, BBQ area, private parking, and breathtaking panoramic Atlantic Ocean views. Professionally designed by Sky Design, the property is available fully furnished, making it a true turnkey investment or luxury coastal retreat.One of its greatest advantages is its unique lifestyle. Enjoy a true beachfront setting with sand at your feet, while remaining within easy reach of Boston via the nearby MBTA ferry—ideal for professionals who want to work in the city and come home to the ocean house every day.Whether you're an investor or an owner-occupant, this property offers the best of both worlds. Generate exceptional rental income while owning a premier oceanfront asset, or enjoy the flexibility of living by the beach while benefiting from income produced by the property. It's a rare opportunity to combine an outstanding investment with an exceptional coastal lifestyle.Just steps from restaurants, cafés, entertainment, and all that Nantasket Beach has to offer, this is one of the South Shore's premier oceanfront properties.Property is being sold furnished (optional) and as-is.A rare opportunity to own a premier beachfront investment with immediate cash flow, exceptional rental history, and an unbeatable combination of Boston accessibility, luxury oceanfront living, and long-term investment potential.
Listing last checked: Listing updated:
Listed by Tom Egbers · Northeast Private Client Group · MLS #73558258
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Details at a glance
Interior5 property facts
- Rooms
- 6
- Heating
- Central
- Cooling
- Ductless
- Basement
- Not reported
- Fireplaces
- 1
Building5 property facts
- Style
- 2 Family - 2 Units Up/Down
- Year built
- 1929
- Parking
- 2
- Foundation
- Block
- Roof
- Asphalt/Composition Shingles
Land & utilities5 property facts
- Lot size
- 0.04 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- BUS
Financial2 property facts
- Annual taxes
- $9,187
- Assessment year
- 2027
Location
Estimated monthly cost
Explore costs at the $1,450,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,098 / monthAdjust
- Principal & interest
- $7,332
- Property tax
- $766
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $9,187. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $1,443,307
Estimated range $1,381,864–$1,504,751.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: above average
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About 278 Nantasket Avenue
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